Iraq E-Commerce Logistics and Warehousing Market Outlook to 2026F- Driven by Growth in Online Shopping platforms along with Introduction of New Technological Advancement

The report titled “Iraq E-Commerce Logistics and Warehousing Market Outlook to 2026F- Driven by Growth in Online Shopping platforms along with Introduction of New Technological Advancement”provides a comprehensive analysis of the potential of e-commerce and e-commerce logistics market in Iraq. The report covers various aspects including the growth of E-Commerce industry, revenue generated from E-Commerce logistics players, its segmentations viz, By Sourcing, By Volumetric Weight, By Delivery Period (Same Day delivery, Next day Delivery, More than 2 days), By Payment (Cash, E-wallet, Debit Card, Credit Card, QR Pay, Bank Transfer), Business Models, Major Trends and Development, Issues and Challenges, Technological Advancements and Competition Analysis. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.

Iraq E-Commerce Logistics Market Overview and Size

Iraq is a developing country in terms of internet penetration of 75% in 2021. Iraq’s internet infrastructure, youthful, tech-savvy population and rising mobile/broadband penetration rates all point to strong potential for the country’s e-commerce market. Iraq E-commerce shipments market has been observed in its early growth stages of development, thus growing year on year majorly due to improving fulfillment rate and high demand for faster delivery, coupled with increase in the number of online orders. Expansion in internet services (~67.3% smart phone penetration in 2021) coupled with increasing demand for online logistics services have collectively given a boost to development of E-commerce shipments industry in Iraq. Updated Technology such as Live Tracking, Automation, Whatsapp Bots, AI Systems, IoT, Telematics are used by e-com logistics players.

Iraq E-Commerce Logistics Market Segmentations

By Sourcing: Baghdad generated the highest e-commerce orders followed by Mosul and Erbil. E-commerce hubs are concentrated in Baghdad, Mosul, Erbil and Basra owning to large and digitally literate consumer base with decent purchasing power along with highest urban population.

By Volumetric Weight: 1-3 KG Shipments accounted for the highest number of orders in Iraq E-Commerce Logistics Market followed by 3-6 Kg and 0-1 Kg respectively in 2021. Consumers usually purchase low weight products such as Fashion/ Apparels, Groceries, Mobile Phones and Accessories, Footwear owing to the fact that profitable items often have a high value-to-weight ratio.

By Delivery Period: Majority of the E-Commerce Shipments takes one day to get delivered in Iraq, majorly in cities like Baghdad, Erbil, Basra and Mosul. Customers are willing to pay extra price for sooner deliveries. Growing expectations of consumers towards fast shipping from e-retailers along with delivery of products in case for a special event, such as during festivals will lead to rise of same-day delivery option in Iraq.

By Payment: Across Iraq, COD are the most preferred payment method due to low financial inclusion. E-payment gateways, e-wallets and contactless payment are becoming more widespread, with the Iraqi Government introducing initiatives for financial inclusion of the Iraqi population.

Iraq Warehousing Industry Overview

The warehousing industry is in the growing stage due to emergence of the country as a major oil and gas hub. Warehousing companies in Iraq compete on the basis on Size, Location, Cost, Technology, Clientele, Additional Value-Added Services (Packaging, Sorting, Labeling, etc.)

Iraq Warehousing Market Segmentations

By Region: The Iraq Warehousing industry is majorly concentrated in Baghdad, followed by Erbil and Basrah respectively. Erbil and Basrah poses as a major warehousing hub due to the presence of oil fields in the region.

By End User: The majority of warehousing space in Iraq is occupied by oil and gas industry followed by FMCG, Electronics, Construction material, E-commerce and retail industry respectively.

Competitive Landscape of Iraq E-Commerce Logistics Market:

The e-commerce logistics space in Iraq is in Growth Stage and is highly fragmented with the presence of ~100+ organised Express Logistic companies and 1000+ unorganised Dabbawallas delivering the E-Commerce Shipments across the country. Top 3 players namely Aramex, Sandoog, Mateen Logistics contribute majorly to the organised market share. Companies are battling against each other to acquire and retain clients, expand geographical presence, expand service offering and improve unit economics to increase margins. Fleet size, number of orders, clientele, number of delivery centers, price, and delivery time are the key competing parameters for the e-commerce logistics providers.

Iraq E-Commerce Logistics Market Future Outlook and Projections

Over the forecast period, Iraq E-commerce logistics market is expected to drive up the demand because of expected surge in internet penetration, especially its exposure to the youth. Due to the COVID-19 outbreak, there has been a shift from offline sales to online sales, which is expected to ensure substantial growth in the future as well. The e-commerce logistics market in the country is expected to grow on the back of new technologies such as Automation, Blockchain, and the Internet of Things, which will be explored to increase efficiency, improve customer experience and enhance service quality.

Key Segments Covered

By Delivery

Same day

Next day

More than 2 days

By Product Category

Fashion

Electronics

Toys, Hobby & DIY

Media

Beauty and personal care

Furniture

Beverages

Food

By Volumetric Weight

0-1 Kg

1-3 Kg

3-6 Kg

Greater than 6 kgs

By Location 

Baghdad

Erbil

Mosul

Basra

By Payment

Cash

Others (Debit card, Credit cards, e-wallets)

By Souring

Domestic

International

By Gender

Male

Female

By Age group

15-35 years

35-55 years

55 and above

E-Commerce Logistics Companies Covered

Aramex

Sandoog

Mateen Logistics

Iraq Post

DHL

Key Target Audience

3PL Logistics Companies

Integrated Logistics Companies

E-Commerce Marketplace Platform

Retail Companies

Logistics/Supply Chain Industry Associations

Time Period Captured in the Report:-

Historical Period – 2016-2021

Forecast Period – 2021-2026

Key Topics Covered in the Report

Iraq E-Commerce Market Overview

Cross Comparison- Major E-Commerce Players in Iraq

Iraq E-Commerce Logistics Market Overview

Iraq E-Commerce Logistics Market Size

Iraq E-Commerce Logistics Market Segmentation 2021

Iraq E-Commerce Shipments Pricing Analysis

Iraq E-Commerce Logistics Market Growth Drivers

Iraq E-Commerce Logistics Market Trends & Developments

Iraq E-Commerce Logistics Market Government Role and Initiatives

Iraq E-Commerce Logistics Market Logistics Constraints

Iraq E-Commerce Logistics Market SWOT Analysis

Competitive Landscape of Iraq E-Commerce Logistics Market

Iraq E-Commerce Logistics Market Cross Comparison

Iraq E-Commerce Logistics Market Pricing Analysis

Future Market Size and Segmentations, 2021-2026F

Covid-19 Impact on Iraq E-Commerce Logistics Market

Analyst Recommendations

Case Studies